5 Tips for Filling Out Your Tax File Declaration Form in Australia

Getting your tax file declaration form filled out and submitted to the Australian government can be an incredibly daunting task.

It’s long, it’s complicated, and it asks for information about your life that you may not be very familiar with. But with the right preparation, you can fill out the form correctly and efficiently so that you don’t have to worry about submitting incorrect information or waiting on your return to come in the mail.

Here are five helpful tips to help you fill out your tax file declaration form in Australia in the most effective way possible.

1) Read the instructions

The first step to take when filling out your tax file declaration form is to read the instructions. This will ensure that you understand what information is required and how to correctly fill out the form.

Make sure you save a copy of your completed form: If you are electronically submitting your income tax return, make sure you save a copy of it on a storage device, such as an external hard drive or USB flash drive.

You can also print off a copy of the completed form if required.

2) Know what can be claimed and how to calculate it

As you go through your records for the financial year, keep an eye out for anything that can be claimed as a deduction. This could include work related expenses, interest paid on investment loans, and any professional development courses you may have taken.

Once you’ve gathered all of your receipts, it’s time to start calculating. If you’re just completing one income, then there will only be one line at the bottom where you enter how much tax has been withheld from your pay (you’ll receive this information when filling out your income tax return).

However, if you are completing two incomes then there will be two lines at the bottom where you’ll enter this information.

The first is for the income that was not taxed by your employer – usually because it was below the threshold limit.

The second is for the earnings which were taxed by your employer – this would be typically known as PAYG withholding.

To calculate how much tax you owe, add up both lines and subtract what’s been withheld by your employer during the year.

The total should equal what you owe in taxes which needs to be paid each year.

3) Do your research before starting

The tax file declaration form is one of the most important forms you’ll need to fill out when starting a business in Australia.

It’s crucial that you know what goes into it and how best to approach it before you start because this will save time and money later on.

Read these five tips below so that you can fill out your tax file declaration form with ease!

1) Gather all of your income statements:

Start by gathering all the information related to your income, such as salary statements, receipts from any expenses you’ve incurred, or invoices from clients who have paid you.

Keep these somewhere safe as they’re key documents for filling out the tax file declaration form.

2) Determine if you need to include additional sheets:

If you expect your tax return statement to be more than two pages long, then you may want to include additional sheets within the document.

Remember that there are templates available online which may help make things easier for you

3) Be mindful of depreciation:

Depreciation refers to decreasing an asset’s value over time due to wear and tear or obsolescence. For example, cars depreciate quickly after their purchase date.

Assets like this should be mentioned in your tax file declaration form so that you don’t get penalized for them at the end of the year.

4) Make sure everything is listed correctly:

Once you’ve finished compiling all of your financial statements and gathered all relevant information, take some time to double check everything has been listed correctly on the relevant sections of the form.

After doing this, you should feel confident about proceeding forward with filing your taxes.

Be aware that penalties apply if you forget to mention something and the Australian Taxation Office (ATO) finds out during a review. Don’t leave anything out!

5) Get assistance from a professional:

Finally, if you find yourself struggling to figure out what kind of documentation to provide or where specific details go on the form, just ask for help.

There are professionals who specialize in helping people complete these kinds of forms; so consider getting assistance from someone qualified if you’re unsure about how to proceed with your own tax file declaration form.

4) Check your bank statements and documents before filling out the forms

One of the most important things to do when filling out your tax file declaration form is to make sure that all of your information is accurate. This means checking your bank statements and other documents to ensure that you have everything you need.

This can save you a lot of time and hassle in the long run. Remember, if you make an error on one part of the form, it will affect how your entire return is processed. Check with the ATO if there are any questions or concerns before filing.

There are also many organisations that offer free assistance such as H&R Block and the Australian Taxation Office’s website. Keep copies of all forms so that you have access to them should you need them again in future years.

Finally, don’t forget to pay what you owe – even if it’s just a small amount!

5) Have all important documentation ready when you start

When you’re ready to start your tax file declaration form, make sure you have all the documentation you need. This includes your tax return, payslips, bank statements, and any other records of income and expenses. Having everything on hand will make the process go much smoother.

If you do not have anything at all, contact the Australian Taxation Office so they can help get your information together.

Once it is complete, keep a copy with a copy of your tax return as well as an electronic version stored on an external hard drive or USB flash drive. Make sure these are kept safe and secure.


1. Include all of your income. This includes money from your job, investments, and any other sources.

2. Be honest about your deductions. The ATO is very good at catching people who try to claim too much, so only claim what you are entitled to.

3. Keep good records. This will make it easier to fill out your form and make sure you don’t miss anything.

4. Use a tax agent if you’re not sure how to fill out the form.

5. Read the instructions on the back of the form carefully before filling it out. Make sure you sign and date it when you’re done!

6. Fill in the boxes with either numbers or words – sometimes there are both options available. If you have trouble understanding something, take another look at the instructions on the back of the form.

7. When you’ve finished, give it to someone else to check over for typos or mistakes. Once they’re happy that everything looks right, get a copy signed by them and then send it off to the ATO as soon as possible.

Final words

Congratulations! You’ve completed your tax file declaration form and are one step closer to getting your taxes done.

Make sure you keep a copy of the tax file declaration form with you as well as a copy of the supporting documents (such as payslips, receipts, and invoices) that you’ll need when you go to lodge your return.

Thank you for reading this blog post on how to fill out your Australian tax file declaration form. If you have any questions please feel free to leave them below in the comments box or on our Facebook page.

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